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An extraordinary opportunity to own a new custom coastal contemporary waterfront estate on one of Admirals Cove's most unique oversized homesites with direct Intracoastal access with no fixed bridges. Positioned on an exceptionally wide estate lot, this custom-designed residence is crafted to deliver dramatic curb appeal, impressive scale, and the ultimate South Florida lifestyle. This home offers over 8000 square feet of air-conditioned space and more than 10, 300 square feet of total covered space including an attached private guest residence adding an exceptional level of luxury, privacy and versatility for extended family, VIP guests or live-in staff accommodations while enhancing the estate's grandeur and functionality. An expansive motor court provides access to a five car garage ideal for automotive enthusiasts and collectors, as well as a dedicated golf cart garage. Designed with both elegance and functionality in mind, a grand double- height entrance sets the tone for the home's striking architectural features, while the thoughtfully curated floor plan accommodates luxurious everyday living and sophisticated entertaining. The residence offers five bedrooms, each with en-suite baths , plus three half baths. The master bedroom and separate guest suite are located in the first floor with three additional bedrooms upstairs including a waterfront VIP suite, all with private balconies and views of both the water and the resort style oasis pool. The luxurious primary suite serves as a private retreat featuring his and her walk-in closets, separate water closets and an outdoor shower designed to create a true spa like experience. The state-of-the-art culinary kitchen designed with an expansive scullery pantry, elegant wet bar and glass wine room and a stunning custom glass office add both sophistication and functionality to the home's modern design. An oversized covered lanai creates the ultimate outdoor entertaining environment with a fireplace, full bar, expansive dining area and built in barbecue space overlooking the water and the enormous resort oasis style pool with infinity edge spa, floating daybeds and relaxing sun shelf with water feature. The resort style outdoor amenities are further enhanced by a waterfront fire pit gathering area and a private putting green delivering an unparalleled South Florida lifestyle. This is a rare opportunity to own a truly custom estate property in prestigious Admirals Cove. Materials and Finishes may change without notice
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $14,000,000 | $14,000,000 | $14,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | $2,290 | $2,290 | $2,290 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $83,937 | $85,065 | $118,140 |
| Total Monthly Payment | $86,352 | $87,480 | $120,555 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.